German online retailer Bike24 has seen its group revenue increase by 20.1% to €96.1 million in Q2 2026, compared with €80.0 million in Q2 2025. Localised markets delivered a significantly above-average growth rate of 29.7%. The D2C retailer continues to expand its footprint across Europe with new localised online shops in Denmark, Slovenia and Ireland.
Sweden's leading bicycle retailer, WS We Sports Group, continues its omnichannel expansion strategy with the opening of its fifth Cykelkraft-branded brick-and-mortar location. The new 2,500-square-meter flagship store in Kållered, near Gothenburg, officially opened on 21 May is a major step forward in the retail development of WS We Sports Group AB's Bike & Mobility division.
German e-commerce giant The Platform Group (TPG) states that it has "fully met" its annual forecast, with significant growth in revenue and earnings. "The organic growth of our platforms was consistently strong, enabling us to successfully decouple from the generally weak retail industry trend," founder Dr Dominik Benner states. The group's activities in the bicycle industry include three online platforms and one brick-and-mortar store.
Bike Leasing company JobRad is accelerating its international expansion strategy with the launch of dedicated refurbished bike webshops in Austria and the Netherlands, marking the company's first direct entry into the Dutch market through its JobRad Loop platform.
Road and gravel bikes are among the categories that have started the year with positive momentum across Europe and the United States, while others, like the eMTB category, have seen a more challenging picture. This and more are reflected in the latest results from the Shift Leaderboard market and brand-tracking tool, which analyses search volume for over 25,000 different terms.
Stock-listed e-commerce bicycle retailer Bike24 Holding AG has gotten off to a strong start in the new year. The Dresden-based company posted not only first-quarter double-digit growth, but also a significant improvement in adjusted EBITDA.
